Shine Might Be Off Alt Fee Arrangements, GC Survey Shows

By Andrew Strickler

Law360, New York (February 26, 2013, 12:16 AM ET) -- A significantly smaller percentage of in-house counsel used some form of alternative legal fee structures last year, according to a new legal survey from Fulbright & Jaworski LLP that defied previous years' upward trends and more vocal criticism in recent years of the billable hour.

A survey of 275 participating in-house U.S. attorneys found that 51 percent used some form of alternative fee arrangement, down from 61 percent the previous year, and essentially equal with the 2010 data.